Current Affairs Today September 28 2017

Current affairs today September 28 2017

Presenting current affairs today September 28 2017 updates. Aim of our current affairs section is to help you to get high marks in competitive exams you are going to attempt.

PV Sindhu Recommended for Padma Bhushan by Sports Ministry

Olympic silver medallist PV Sindhu’s name has been recommended for country’s third highest civilian award Padma Bhushan by the sports ministry. The news was confirmed by an official from sports ministry. There has been no stopping for PV Sindhu after she became first Indian to win a Silver medal at Olympics last year. Since then she has taken part in many tournaments and matches. She has also won bronze medals two times at world championships.

Maharashtra government and South Korea Signed MoU

Maharashtra government signed an MoU with South Korea for boosting infrastructure development in the state. Mumbai Chief minister is on three day visit to South Korea and MoU was signed on the first day the visit. The 706 Km Mumbai-Nagpur Expressway or Samruddhi Corridor of Rs. 46,000 crore was one of the important consideration of the MoU. The express way will be divided into two phase.

IDBI bank started “Project Nishchay” With Boston Consulting Group (BCG)

Public sector lender IDBI Bank with the consultation of Boston Consulting Group (BCG) has started “Project Nishchay” a turnaround plan with a vision to speed up struggling lender’s turnaround programme and to improve financial performance. The “Project Nishchay” will undergo under the leadership of senior management of IDBI bank alongwith BSG.

The bank is under the Reserve Bank of India’s incite corrective activity structure which implies that the bank needs to conserve capital and discover approaches to come back to profitability. The bank is likewise not permitted to open new branches or loan to possibly risky organizations.

India’s Mars Orbiter Mission completes 3 years in orbit

Low-cost Mars Orbiter Mission (MOM) of India has entered to its fourth year by successfully completing three years Martian orbit on 24 September 2017. After three years the satellite is still in very good working condition and will continue to work well as expected. The spacecraft has been sending data for scientific analysis as expected.

PSU Bharat Dynamics Limited (BDL) and Research Centre Imarat (RCI) Signed Contract

With an aim to facilitate production, deliveries and product support of Medium Range Surface to Air Missiles (MRSAM) system for the Indian Army, Defence PSU Bharat Dynamics Limited (BDL) and Research Centre Imarat (RCI) signed a contract to supply Medium Range Surface-to- Air Missiles (MRSAM) to Indian Army.

Pakistan, Russia joint military drills DRUZBA 2017 Begins

A two week long joint military drills DRUZBA 2017 has began between Pakistan and Russia. The 14 day long drills will be conducted between special forces of Pakistan and Russia Armies in Minralney Vody, Russia.

State Bank Of India (SBI) to Review Saving Accounts Non-maintenance Penalty Amount

India largest public sector bank State Bank Of India (SBI) has started reviewing its earlier decision on amount of penalty to be imposed on certain category of accounts in case of non-maintenance of minimum monthly balance by the customers. Earlier in April this year bank had reintroduced new non maintenance charges for customers after a gap of five years.

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